Here’s today’s swing-trading watch-list:
Long Tesla Motors (TSLA)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Good-Bye, Tom
Many Slopers, including myself, were saddened to hear of the death of Tom Magliozzi, one half of NPR’s Car Talk team. As I mentioned in the comments section, I have no interest in cars or car repair, past touting the virtues of my Tesla S. Back in the days when I drove barbaric gas-powered cars, I only knew how to put fuel in the tank; that was the extent of my knowledge.
What a lot of people don’t’ recognize, though, is that the two brothers who hosted Car Talk were probably one of the greatest comedic improvisational teams ever. Simply stated, they always made me laugh, and every Sunday, I felt like I was listening to two kooky relatives at Thanksgiving dinner. Rest in peace, Tom………. (more…)
US Dollar Breaks Up
Another new all time high yesterday with an indecisive daily candle. There were quite a few calls for a wave high yesterday at the close yesterday and there is a case for that, but that’s unsupported so far by any negative divergence on the daily RSI 5 or NYMO area, so it’s a definite maybe. If we don’t see a break under the 1985 area, I’m looking for trendline targets in the 2040 or 2060 area to be hit before any big reversal. SPX daily chart:
